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US company tax cuts boost share buybacks, not investment or wages

February 26, 2018 - 08:14 -- Admin

By Leith van Onselen While Prime Minister Malcolm Trumpbull is marching around Washington talking to American CEOs about company tax cuts, and the Coalition and the business lobby continues to argue that cutting company taxes will trickle-down to workers via increased investment and higher wages, the truth of the impacts have been revealed. From MarketWatch:

The post US company tax cuts boost share buybacks, not investment or wages appeared first on MacroBusiness.

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